Shares of PayPal Holdings (NASDAQ: PYPL) have declined about 62% year-to-date amid a broader market sell-off due to macro headwinds. The stock has also been impacted by the company’s downward revisions to its full-year guidance, due to a slowdown in e-commerce transactions following the reopening of physical retail stores. Additionally, eBay’s (EBAY) migration to its own payments system, and the impact of soaring inflation on consumer spending have attributed to excess headwinds. Focus on Driving Future Growth PayPal lowered its full-year guidance in April and now expects Total Payment Volume (TPV) to grow in the range of 13% to 15%, crossing $1.4 trillion.
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PayPal (NASDAQ:PYPL)
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